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Dear NIO Stock Fans, Mark Your Calendars for June 15

investorplace2022-06-15

  • Nio(NIO) is rising today ahead of a new product launch.
  • The company will hold an online event for that launch tomorrow.
  • Many investors are expecting the ES7 to be the big product launch tomorrow.

Nio(NYSE:NIO) stock is rising higher on Tuesday as investors prepare for a potential catalyst that could further boost the stock Wednesday.

The big news that has holders of Nio stock excited is a product launch event taking place on Wednesday. The eventwill start at 8:00 a.m. Eastern and will be available to live stream from a couple of sources. That includes on the electric vehicle (EV) company’s website and YouTube channel.

Nio hasn’t revealed what the new product is that it will be showing. However, investors are already sharing their hopes and expectations for the EV company. This has them expectingthe launch of the ES7, as well as the 2022 ES6, EC6 and ES8.

Fans of Nio have been patiently awaiting the launch of the ES7. The EV was originally going to be revealed back in April. Unfortunately, lockdowns from the Covid-19 pandemic kept that from happening.

With today’s news comes a decent amount of trading for NIO stock. As of this writing, more than 67 million shares of NIO have changed hands. To put that in perspective, the EV company’s daily average trading volume is just above that at 74 million shares.

NIO stock is up 16.7% on Tuesday but is still down 44.5% since the start of the year.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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Comment14

  • Scalper88
    ·2022-06-15
    All the best NIO.....[Like] 
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  • Uasbau
    ·2022-06-15
    Like
    Reply
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  • Vinjaq
    ·2022-06-15
    The Higher the expectation... the greater thedisappointment.  
    Reply
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  • SK19
    ·2022-06-15
    Nio definitely needs a more resilient business model
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  • AuntieAaA
    ·2022-06-15
    GOOD
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  • FlorCheah
    ·2022-06-15
    NIO
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  • Barbarazhao
    ·2022-06-15
    Hopefully it will be successful 
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  • EuGin
    ·2022-06-15
    LFG
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  • PehKY
    ·2022-06-15
    👍👍
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  • JXTan01
    ·2022-06-15
    Good
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  • yflaw
    ·2022-06-15
    good goods💪💪💪
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  • uncle san
    ·2022-06-15
    Har
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  • Eddie Teng
    ·2022-06-15
    sounds good 👍 
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  • Mui fung
    ·2022-06-15
    Good 
    Reply
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